M traders acquired building on 1st April 2017 for 10,00000.On 1st April 2018 Extension was made...

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M traders acquired building on 1st April 2017 for 10,00000.On 1st April 2018 Extension was made to the above building by spending 500000 On 1st Oct 2018 they sold half part of building through broker for 900000.brokerage was paid at 3% on selling price.on 31st March every year they charged depreciation @10% under Diminishing balance method. Prepare building A/c and Depreciation A/c for 2017-2018,2018-2019 M traders acquired building on 1st April 2017 for 10,00000.On 1st April 2018 Extension was made to the above building by spending 500000 On 1st Oct 2018 they sold half part of building through broker for 900000.brokerage was paid at 3% on selling price.on 31st March every year they charged depreciation @10% under Diminishing balance method. Prepare building A/c and Depreciation A/c for 2017-2018,2018-2019

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